Dow hits first intraday record high since February - BNN Bloomberg
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Article Excerpt
The Dow Jones Industrial Average hit an intraday record high on Friday, its first since the U.S.-Iran war began, as AI-driven trade and market optimism over negotiations to end the war lifted risk appetite.
The blue-chip index .DJI rose 0.73 per cent to 50,651 points, surpassing its previous record high of 50,512.79 from Feb. 10 after crossing 50,000 points earlier this week. The index had confirmed a correction in March, closing 10 per cent below record highs, as worries about the global economic impact of the war in Iran fueled a broader Wall Street sell-off.
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